No longer on the market
This property is no longer on the market
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3 bedroom semi-detached house
Key information
Features and description
- To be sold under auction terms
- Renovate and re sell
- Lucrative investment in great location
- EPC RATING - C
- Potential yield over 13% based on today guide
- Close to city centre
TO BE SOLD BY ONLINE AUCTION ON 12 TH JUNE 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
11 Smedley Road, Manchester, M8 0LN
Vacant. In need of full renovation and comprising; lounge, dining room, kitchen, three bedrooms and a bathroom. Front and rear gardens.
This is a fantastic investment opportunity for a buy-to-let, a renovation project to sell on, or a home buyer looking for a project. With similar properties in the area demanding £1200-£1400 pcm and some nearby selling for £200,000 upwards, this property presents a promising return on your investment.
Located in the Cheetham Hill district of north Manchester, this property is well placed for access to a good range of amenities, including shops, schools, places of worship, Heaton Park, and North Manchester General Hospital. It is also situated less than 3 miles from the heart of Manchester city centre, along with Prestwich, Bury, and Middleton centres all easily accessible via excellent road and transport links, including a Metrolink station just a few minutes' walk away.
Not one to be missed!
Here are a handful of nearby sold properties taken from Land Registry which highlight the potential to be unlocked;
57 Smedley Lane Manchester M8 8XG- Sold - 12/05/2023 £215,000 Semi-Detached 3 beds 0.12 mi
6 Durley Avenue Manchester M8 0PU- Sold - 19/04/2023 £200,000 Semi-Detached 3 beds 0.33 mi
9 Maureen Avenue Manchester M8 5AR- Sold - 05/04/2023 £245,000 Semi-Detached 3 beds 0.76 mi
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